Transformative. In a word, that's the role local real estate development firm Model Group says it wants to play in each of the communities it touches. Where some investors see neighborhoods scarred by empty buildings, decaying homes and trash-ridden side streets, partners at Model see opportunities. ... Read more
Development Case Study for Gateway Quarter. Written by Sam Newberg. Published by the Urban Land Institue, Washington, D.C. The case study cites public and private partnership between the Model Group and other local developers as crucial to the success of the Gateway Quarter development. ... Read more
Two local affordable housing projects have won tax credits through the Ohio Housing Finance Agency's (OHFA) 2010 Housing Tax Credit Program, the nonprofit announced on Friday. ... Read more
Three of Model's projects were featured in the Ohio Historic Preservation Tax Credit Program Annual Report. Model's featured projects include the Cincinnati Color Building and the Arrow Apartments, both in Cincinnati, Ohio. Model's $15 million renovation of the historic Shawnee Hotel in Springfield, Ohio received special recognition on page nine of the report. ... Read more
For the third time in three years, developers are trying to rally support for a Price Hill fixer-upper. The 801 Elberon building, a once-stately apartment property that now stands as a symbol of neighborhood neglect, is close to winning a grant that could convert the property to low-income senior housing.The Model Group, a Walnut Hills developer, is working on a joint venture with nonprofit Price Hill Will to revitalize the property. ... Read more
Model Group has hired local minority business owner Michael Connelly as director of economic inclusion. Such a position is unusual for a company the size of Model Group, which completed about $30 million in projects in 2009. “It shows you can make money and also do the right thing in business,” Connelly said. ... Read more
"The Mercer Commons project has the ability to infuse dramatic change through Over-the-Rhine with its large footprint and modern aesthetic," described Greg Meckstroth, Urban Designer with RW Armstrong. "This design, along with 14/v and Trinity Flats, is truly raising the bar for high quality urban design in Cincinnati." ... Read more
Shaun Donovan, Secretary of the U.S. Department of Housing and Urban Development (HUD) and Representative Steve Driehaus (D-OH), along with Ohio Department of Commerce Director Kimberly Zurz toured the new Forest Square senior living development construction site on Thursday, Feburary 18. Developed by Cincinnati-based Model Group, the $4.2 million Forest Square development will continue the progress being made in Avondale along the Burnet Avenue corridor and will create jobs for Cincinnatians at the same time - something highly touted by the officials on hand ... Read more
The Cincinnati - Hamilton County NSP2 Consortium was awarded more than $24 million in Recovery Act funding from the U.S. Department of Housing and Development's Neighborhood Stabilization Program (NSP) ... Read more
Bobby Maly, Vice President of The Model Group, talks about the exciting and ongoing projects in the Gateway Quarter on Cincinnati Educational Television's (CET) Financial Beat program ... Read more
Located in the Over-the-Rhine district just north of downtown Cincinnati, the Gateway Quarter is a development effort with public, private and non-profit involvement to renovate buildings that make up the largest concentration of Italianate architecture in the United States. To top it off, the Gateway Quarter may get a streetcar line in the next couple years ... Read more
The Model Group was awarded credits from the Ohio Housing Finance Agency's 2008 Housing Tax Credit Program for development of the Villas of the Valley (Lincoln Heights), Burnet Place (Avondale), and Forest Square (Avondale) sites. The Model Group received over $2.3 million of the total $3.5 million in total credits awarded to Southwestern Ohio. ... Read more
The Model Group has been chosen as design firm for the residential component of the Uptown Consortium's $100 million dollar mixed-use redevelopment in the uptown Cincinnati area. Model will work with the Uptown Consortium in its re-branding effort for a neighborhood that features a strong education and health care presence. ... Read more